YEARLY HIGH
5.9130 MYR
YEARLY LOW
5.4371 MYR
YEARLY AVERAGE
5.7000 MYR

2021 FKP to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 5.9130. Conversely, the yearly low was recorded on January 4, dropping to 5.4371.

This high-to-low spread represents a total annual volatility of 0.4759 MYR. From a start-to-finish perspective, comparing the January average rate of 5.5101 to the December average rate of 5.6055, the exchange rate registered a net change of 1.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.9130 was up 6.10% compared to the 2020 peak of 5.5732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FKP based on timing:

Yearly Peak High 29,565 MYR
2020 Average 26,949 MYR
Yearly Trough Low 27,186 MYR
Transaction Impact: A difference of 2,379.35 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.8520
5.4790
JanuMarcMayJulySeptNove

FKP to MYR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 5.6880, compared to 5.7120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 5.6880
H2 Avg (Jul–Dec) 5.7120

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2206 MYR (High: 5.8794 / Low: 5.6588). On the other end, December was the most stable month, with a tight range of 0.0856 MYR (High: 5.6514 / Low: 5.5658).

May Spread (Volatile) ±0.2206
December Spread (Stable) ±0.0856

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0967 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 5.8045) against the same month in 2020 (average: 5.4028), the exchange rate shifted by +0.4017 (+7.44%).

2021 Avg (July) 5.8045
2020 Avg (July) 5.4028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.5633 5.4371 5.5101
February 5.7189 5.5244 5.6156
March 5.7600 5.6365 5.6966
April 5.7695 5.6585 5.7053
May 5.8794 5.6588 5.8083
June 5.8518 5.7138 5.7923
July 5.9130 5.7224 5.8045
August 5.8758 5.7176 5.8209
September 5.7586 5.6187 5.7242
October 5.7542 5.6562 5.6976
November 5.6878 5.5671 5.6197
December 5.6514 5.5658 5.6055